S. 76 119th Congress Senate

SMART Act of 2025

Official title: A bill to amend title 5, United States Code, to improve the effectiveness of major rules in accomplishing their regulatory objectives by promoting retrospective review, and for other purposes.

Introduced: January 13, 2025 Introduced by: James Lankford Republican · Oklahoma See on congress.gov

Government Operations and Politics Administrative law and regulatory proceduresCompetition and antitrustCompetitiveness, trade promotion, trade deficitsEconomic performance and conditions

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Inflation and pricesJudicial review and appeals

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jan 13, 2025

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Jan 13, 2025

Introduced in Senate

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What's happening now January 13, 2025

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Plain-English summary Congressional Research Service

Setting Manageable Analysis Requirements in Text Act of 2025 or the SMART Act of 2025

This bill requires agencies, when publishing a proposed or final major rule, to include a framework for assessing whether the rule achieves its regulatory objective. An agency must assess a rule in the time frame included in the framework. The assessment must compare the rule's anticipated and actual benefits and costs.

Additionally, the assessment must determine whether (1) the rule has been rendered unnecessary because of changes to the subject area affected by the rule or it overlaps with, duplicates, or conflicts with other rules, or state and local government regulations; (2) the rule should be expanded, streamlined, or otherwise modified to accomplish the rule's objective; and (3) other alternatives or modifications to the rule could better achieve the rule's objective.

The bill defines a major rule as a rule likely to cause (1) an annual effect on the economy of $100 million or more; (2) a major increase in costs or prices; or (3) significant adverse effects on competition, employment, investment, productivity, innovation, health, safety, the environment, or the ability of U.S.-based enterprises to compete with foreign-based enterprises.

Bill text 1 version